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Tag: non-profits

Starting a Colorado Non-Profit In a Nutshell

Starting a Colorado Non-Profit In a Nutshell

Below is a guide for helping you get your Colorado non-profit organization up and running. Choose a Name For Your Colorado Non-Profit Organization If you’re starting a new Colorado non-profit organization, the name is one of the most important things to get right. People will remember your organization if it has a memorable name. Also name recognition assists in fundraising efforts. Keep in mind that it should not be too similar to other existing organizations. To begin, see if the…

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Non-Profits and Fiduciary Duties

Non-Profits and Fiduciary Duties

Being on the board of directors (BOD) for a non-profit, comes with duties and obligations. This liability extends to you personally if you breach these responsibilities. Sometimes, people agree to be a director of a non-profit as a resume filler; or to support to a friend, family member, or colleague. Being a director of a non-profit however comes with risks and should be taken seriously. Directors need to be mindful of their fiduciary duties to avoid tax and personal liability….

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